Onsemi Stock Is Down, But Not for Long – Is It Time to Buy?
ONON Semiconductor(ON) MarketBeat·2024-10-29 20:16

Onsemi Today ON onsemi Onsemi $72.24 +0.99 (+1.39%) 52-Week Range $59.34 ▼ $86.77 P/E Ratio 16.46 Price Target $85.43 Add to Watchlist The price of Onsemi NASDAQ: ON is down 40% from its high but won't be for long because end-market normalization and mounting demand for its high-power semiconductor applications will collide in 2025. While the 2024 results are lackluster, the Q3 results align with the expectation growth will resume as soon as the first quarter of F2025 and accelerate as the year progresses. ...